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Small Business Wage Growth at All Time High

December 12, 2019

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According to the latest index report by Paychex and IHS Market, the average hourly earnings are up by 3.11% among employees of small businesses. This is the highest growth in wages since 2011, which is in part driven by low employment in the U.S.

The Index monitors performance in two areas: employment numbers and wages, both of which give us a number of November 2019 small business employment statistics.

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